Selfwealth vs Raiz

Bill Ryan Natividad avatar
Written by   |  
David Boyd avatar
Verified by
Updated 24 Aug 2023
Selfwealth
Raiz
Overview
Description
Low cost broker with access to Australian, HK, and US markets.Automatically invest your spare change in a portfolio of ETFs.
Basics
Account Funding Options
Bank transfer, BPAYRound-ups, recurring, lump sums
Advisory Services
NoNo
Apps
Android, iOSAndroid, iOS
CHESS Sponsored
YesNo
Minimum Deposit
N/A$5.00
Minimum Trade
$500 (share dealing)$5
Regulator
ASICASIC
Signup Bonus Gift
NoneNone
Trading
Copy Trading
YesNo
Crypto Trading
NoYes
cTrader Trading
NoNo
ETF Trading
YesYes
Forex Trading
NoNo
Fractional Share Trading
NoYes
Futures Trading
NoNo
International Markets Trading
YesNo
MetaTrader 4 Trading
NoNo
MetaTrader 5 Trading
NoNo
Mutual Funds Trading
NoNo
Options Trading
NoNo
OTCBB / Pink Sheets
NoNo
Paper Trading
NoNo
Penny Share Trading
YesNo
Social Trading
YesNo
Share Trading
YesNo
Tradable Assets
ETFs, SharesETFs
Tradable Markets
ASX, HKEX, NASDAQ, NYSEASX
Fees
Broker Assisted Trades Fee
N/AN/A
Brokerage Fee
$9.50$0.00
Domestic Wire Transfer Fee
N/AN/A
ETF Trade Fee
$0.00N/A
Funds Withdrawal Fee (Partial)
N/AN/A
Funds Withdrawal Fee (Full)
N/AN/A
International Wire Transfer Fee
N/AN/A
Mutual Fund Trade Fee
N/AN/A
Options (Base Fee)
N/AN/A
Options (Per Contract Fee)
N/AN/A
Paper Confirmation Fee
N/AN/A
Paper Statement Fee
N/AN/A
Returned Wire Fee
N/AN/A
Spread
N/AN/A
Stock Certificate Delivery Fee
N/AN/A
Stock Certificate Processing Fee
N/AN/A
Stock Trade Fee
$0.00N/A
Order types
Order Type (Contingent)
NoNo
Order Type (Limit)
YesNo
Order Type (Market)
YesNo
Order Type (One Cancels The Other)
NoNo
Order Type (One Triggers and One Cancels The Other)
NoNo
Order Type (Stop)
YesNo
Order Type (Trailing Stop)
NoNo
Customer service
Email Support
YesYes
Live Chat Support
YesNo
Phone Support
NoYes

As seen on

Media - The Sydney Morning Herald
Media - Yahoo Finance
Media - News.com.au
Media - Daily Mail Australia
Media - Australian Fintech
Media - Dynamic Business